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Sunteck Realty Reports 17% Rise In Q2 PAT To Rs 57 Crore

By Realtynmore • 1h ago

Mumbai, October 27, 2026: Real estate developer Sunteck Realty Limited reported a 17 percent year-on-year growth in net profit to approximately Rs 57 crore for the second quarter ended September 30, 2026, compared to Rs 49 crore in the corresponding period of the previous fiscal year, according to a press release issued by the company.

The company’s revenue from operations for the quarter grew 27 percent year-on-year to around Rs 321 crore, up from Rs 252 crore in Q2 FY26. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose 13 percent to Rs 89 crore compared to Rs 78 crore in the year-ago quarter, while EBITDA margins stood at 28 percent.

For the first half of the financial year (H1 FY27), the developer posted a revenue of approximately Rs 512 crore, up 16 percent year-on-year. Net profit for the half-year period grew 20 percent to around Rs 99 crore, while EBITDA increased 23 percent to Rs 156 crore.

Operational performance remained steady, with pre-sales growing 17 percent year-on-year to approximately Rs 824 crore in Q2 FY27 and 19 percent to Rs 1,611 crore in H1 FY27. Collections for the quarter reached Rs 371 crore, marking a 12 percent year-on-year increase. The net operating cash flow surplus for the first half of the fiscal year stood at Rs 347 crore, up 27 percent, after investing around Rs 391 crore in business development. The company reported a net debt-to-equity ratio of 0.09x.

On the expansion front, the company acquired a new land parcel in Borivali (West) through an outright purchase during the quarter, taking its assembled land holding in the area to approximately 11.5 acres. With this acquisition, the company’s total Gross Development Value (GDV) stands at approximately Rs 46,900 crore. Its launch pipeline for FY27, excluding Dubai projects, is estimated at around Rs 7,000 crore, with key launches scheduled for the second half of the fiscal year at Sunteck Belvedere Park, Mira Road, and Andheri.

On sustainability metrics, the developer achieved a score of 98.8 out of 100 in the 2026 Global Real Estate Sustainability Benchmark (GRESB) and secured EDGE Advanced Certification for its 4th Avenue project at Sunteck City.

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